TBN

Tamboran Resources

Fundamental data last updated:April 13, 2026

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company profile

SECTOR

Energy

industry

Oil & Gas E&P

Exchange

NYSE

County of HQ

Australia

Next Earnings Date

05/13/26

Business Summary

Tamboran Resources operates as an upstream oil and gas exploration and production company, monetizing hydrocarbon reserves through drilling and resource development. Cash generation ultimately depends on successfully converting acreage into commercially viable production and selling output into energy markets. Its moat, such as it is, lies in resource ownership, licensing rights, and geological positioning rather than brand or network effects. In this business, scale, reserve quality, and capital access determine survival, and the company’s ability to turn subsurface assets into positive operating margins will define its long-term economic durability.

 


VALUATION

P/E

-

Market Cap ($M USD)

$812

Forward P/E

-

PEG

-

PRICE TO SALES

-

PRICE TO BOOK

2.3

EV / EBITDA

-23.7

5-Year Average P/E

Free Cash Flow Yield

DCF Value

Graham Number

Price to FCF

EV to FCF

Earnings Yield

FCF Yield

DIVIDEND

Yield

-

Annual Payout

-

Payout Ratio

-

Consecutive Years of Dividend Growth

0

5-Year Dividend Growth Rate

-

Financial Health & Profitability

Earnings Per Share

-$1.86

Next Year EPS Growth Estimate

-$1.00

Next Year Revenue Growth Estimate

366.70%

Return on Equity (ROE)

-8.80%

FREE CASH FLOW

Operating Margin

-

Debt-to-Equity

0.2

Piotroski F-Score

2

Altman Z-Score

3.9

Return on Invested Capital (ROIC)

-7.50%

Current Ratio

2

Quick Ratio

Net Debt to EBITDA

Interest Coverage

Gross Profit margin

FCF PER SHARE

REVENUE PER SHARE

Gainseekers Quantitative Analysis

Summary

Tamboran Resources screens as a highly speculative, balance-sheet-stable but economically unproven E&P play. The absence of a trailing P/E and Forward P/E combined with an EPS of -23.7 and an estimated EPS next year of -1.86 signals a business still deep in loss-making territory, making traditional growth-adjusted valuation frameworks unusable. However, an Altman Z-Score of 3.9 suggests low near-term bankruptcy risk despite the negative earnings profile, while a Price/Book of 2.3 implies the market is assigning meaningful optionality to its asset base. This is not a mispriced compounder; it is a capital-intensive turnaround speculation where survival odds look better than profitability odds.

AI Exposure / Tech Reliance

As an Oil & Gas E&P operator in the Energy sector, Tamboran’s AI exposure is indirect and operational rather than product-driven. AI can enhance seismic analysis, drilling optimization, and reservoir modeling, potentially lowering its -8.80% operating margin over time. However, the company’s current negative ROIC of -7.50% indicates it has yet to demonstrate that technology adoption is translating into economic returns.

The Bull Case

A deep value investor could argue that the balance sheet stability implied by a 3.9 Altman Z-Score and a current ratio of 2 provides a sufficient liquidity buffer to endure ongoing losses. Institutional ownership at 54.43% suggests that sophisticated capital is willing to fund the story, and a Consensus Rating of 4.10% with a Mean Target Price of 1.57 indicates at least some forward optimism. The massive 366.70% Return on Equity, while distorted by accounting dynamics, signals aggressive capital structure leverage to equity upside if operations inflect. For investors betting on a cyclical earnings snapback, shrinking losses from -23.7 EPS to an estimated -1.86 next year could represent early-stage operating leverage.

The Bear Case

The bear case is brutal. A Piotroski F-Score of 2 signals fundamental weakness across profitability, leverage, and operating efficiency metrics, while ROIC at -7.50% confirms capital destruction. Operating margin of -8.80% and negative earnings eliminate any margin of safety, and the lack of Debt/Equity disclosure clouds true financial risk. Sales Growth Next Year listed at -$1.00 reflects either contraction or instability, reinforcing that this is a pre-profit, execution-dependent story where valuation rests on hope rather than cash flow.

Market Sentiment & Smart Money

Short Interest %

4.10%

Analyst Consensus

1.57

Average Analyst Price Target

$54.43

Institutional Ownership %

37.50%

1-Year Beta

0.09

Insider Buying % (6 Mo)

26.70%%

Distance to 52-Week High

68.70%

Distance to 52-Week Low

207.50%

EARNINGS SURPRISE %

50-DAY SMA

200-DAY SMA

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.